Andy Chen
Cash for keys on Section 8
Hi all,Need some suggestions on proposing cash for keys on section 8 tenant. Here is my current scenario:We are planning to sell a multi-family unit and my real estate agent needs the tenant to be vacated due to the ...
Mark Derby
When does the 2% trump all and when to let it slide
I'm in Massachusetts where things aren't cheap. I can't imagine ever getting close to the 2% rule on an acquisition. Maybe I've got it wrong:
Total monthly income from the property / 2% = purchase price. ??
...
Keith Polarek
Tax Delinquent Sale conundrum in Richmond Va - need some advice!
I picked up the winning bid at a tax sale a few weeks back. Close to 50 properties were sold that day. It will be a fix/flip. The house has good bones on a very good block. I should gross close to 100k when it's sold....
Mikki Kline
New to Real Estate investing!
Hello! I have recently paid off a lot of debt and am now consumer debt free! I am blessed and have been able to leave my full time job as a pharmacist and am now a full time wife/mom. I am converting my rollover IRA i...
Jennifer Stammberger
RE Cold calling companies
I'm looking into various cold calling companies to help generate leads. Any realtors out there can suggest any and explain your experience with them? Thanks!
Ken Howard
What Would You Do? All perspectives would be appreciated.
I'm new here but I'll post my introduction in another forum. I inherited a property that was bought by a family member way back in 1998. It was purchased for $35k but is now worth around 260k. For the past few year...
Nicholas Varner
Frauds and who they target
Interesting article in the New York Times about "Real Estate Shell Companies Scheme to Defraud Owners Out of Their Homes". The story details Shell Companies that target desperate, poor sellers in neighborhoods in Broo...
Ryan Tessier
Real Estate Investors, what’s your day job?
For those of you that have them, what are your day job? Does it help with your investing at all? Do you have an exit strategy?I’ve been working as an electrician the last 4 years, the pay is good but the job is demand...
Tom R.
Removing wallpaper and paint questions.
A house I will likely be placing a bid on Monday has ugly torn wallpaper which will need to be removed. I have experience removing wallpaper with a wet sponge and scraper as a kid and it was a nightmare. I will be p...
Brandon Eleazer
Direct mail marketing decisions
Hello BP,
Among other criteria, I am targeting homeowners with >50% equity in the Philadelphia area. Should I be mailing yellow postcards to owner occupied or non-owner occupied properties?
I noticed...